AcquisitionsAug 6, 2026, 07:32 AM
Aya Gold & Silver Acquires 259 km² Exploration Portfolio in Morocco
AI Summary
Aya Gold & Silver Inc. announced the acquisition of a strategic exploration portfolio totaling 259.1 km² across three distinct projects in Morocco. This acquisition expands the company's exploration footprint, increasing its total land package in Morocco by 35.4% to over 991 km². The new projects, Zagora, Agadir-Melloul, and Goulmim, are prospective for various precious, base, and critical metals, reinforcing Aya's district-scale exploration strategy and potential for future discoveries.
Key Highlights
- Acquired 259.1 km² exploration portfolio across three projects in Morocco.
- Total land package in Morocco increased by 35.4% to over 991 km².
- Zagora project (158.6 km²) prospective for Ni-Co-Pb-Zn-Ag-Au mineralization.
- Agadir-Melloul project (68.5 km²) prospective for Cu-Ag-Au and rare earth elements.
- Goulmim project (32.0 km²) prospective for Pb-Ag-Cu-Au mineralization.
- Acquisition consideration was MAD 10 million, including cash and assumed debt.
- Sellers to receive milestone payments and a 2% net smelter return royalty.
Price Impact
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